Uncategorized

Stock pick of the week

If you spent your night studying at McKeldin or partying at Cornerstone, you might need coffee in the morning. But instead of merely drinking it, invest in it. This week’s stock pick, Green Mountain Coffee Roasters, was ranked No. 2 in Fortune 500’s “Fastest-Growing Companies,” and MSN Money estimated the company’s stock price to rise 129.62 percent for 2011. In addition to ground coffee, cocoa and tea, Green Mountain Coffee makes Keurig single-serving brewing systems and K-cup portion packs that have become popular in offices, hotels and dorm rooms. In the last two years the company has grown by taking over Seattle and Southern California roasters. With $1.21 billion in sales reported for the past year, the company is on the rise.

Green Mountain Coffee’s mid-day trading price at the end of the week was $35.62.